Politics

Russia faces ‘economic oblivion’ despite claims of short-term resilience, economists say
Politics

Russia faces ‘economic oblivion’ despite claims of short-term resilience, economists say

Russian President Vladimir Putin attends a meeting with parliamentary leaders in Moscow, Russia July 7, 2022.  Aleksey Nikolskyi | Sputnik | Reuters Russia is facing “economic oblivion” in the long term because of international sanctions and the flight of businesses, several economists have said. The International Monetary Fund last week upgraded Russia’s gross domestic product […]

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White House struggles to insulate Biden’s China policy from Pelosi’s Taiwan trip
Politics

White House struggles to insulate Biden’s China policy from Pelosi’s Taiwan trip

WASHINGTON — As House Speaker Nancy Pelosi reportedly prepares to land in Taiwan on Tuesday evening for a long-rumored official visit, her trip has exposed a rare schism between the Biden White House and the most powerful Democrat in Congress. Officially, the Biden administration has been careful to avoid directly answering questions about whether it […]

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U.S. fears Russia is using a ‘nuclear shield’ in Ukraine; Zelenskyy calls grain shipment a ‘positive signal’
Politics

U.S. fears Russia is using a ‘nuclear shield’ in Ukraine; Zelenskyy calls grain shipment a ‘positive signal’

BP’s Gelsenkirchen plant no longer uses Russian crude Shares of BP are up over 20% year-to-date. Sopa Images | Lightrocket | Getty Images Amid its second-quarter earnings update Tuesday, BP CEO Bernard Looney said that the firm’s refinery in Gelsenkirchen, Germany, no longer uses Russian crude, down from 50%. Oil majors have been one of […]

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Biden administration faces midnight court deadline to defend 0 billion of Trump’s China tariffs
Politics

Biden administration faces midnight court deadline to defend $350 billion of Trump’s China tariffs

WASHINGTON — The Biden administration faces a legal deadline at midnight to defend former President Donald Trump’s China tariffs, even as the White House considers scaling them back to lower consumer prices and ease inflation.  Scores of companies sued the Trump administration in September 2020, arguing the process of implementing a third and fourth tranche […]

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Koch network pressures Sens. Manchin, Sinema to oppose 9 billion tax-and-spending bill
Politics

Koch network pressures Sens. Manchin, Sinema to oppose $739 billion tax-and-spending bill

Sen. Kyrsten Sinema, D-Ariz., and Sen. Joe Manchin, D-W.Va., board an elevator after a private meeting between the two of them on Capitol Hill on Thursday, Sept. 30, 2021 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images The political network backed by billionaire Charles Koch launched an ad blitz targeting Sens. […]

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Capitol rioter Guy Reffitt gets longest Jan. 6 sentence, but no terrorism enhancement
Politics

Capitol rioter Guy Reffitt gets longest Jan. 6 sentence, but no terrorism enhancement

A Donald Trump fan from Texas who attempted to storm the U.S. Capitol while armed with a gun was sentenced to more than 7 years in prison on Monday after a judge denied the Justice Department’s request for a “terrorism enhancement” that would have resulted in a lengthier prison sentence. Guy Reffitt was the first Jan. 6 defendant to go […]

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Man accused of duping Secret Service by posing as Homeland Security agent pleads guilty
Politics

Man accused of duping Secret Service by posing as Homeland Security agent pleads guilty

One of two men accused of impersonating federal law enforcement officials in a scheme that duped Secret Service agents and others pleaded guilty Monday to multiple charges in Washington, D.C. Arian Taherzadeh’s plea came nearly four months after his arrest with a second man, Haider Ali, exposed allegations that they compromised Secret Service agents with […]

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Senate won’t vote on tech antitrust bill before summer recess, Klobuchar says
Technology

Senate won’t vote on tech antitrust bill before summer recess, Klobuchar says

U.S. Senate Rules and Administration Committee Chair Sen. Amy Klobuchar (D-MN) presides during a Senate Rules and Administration Committee oversight hearing to examine the U.S. Capitol Police following the January 6, 2021 attack on the Capitol, one day before the anniversary of the attack in Washington, U.S., January 5, 2022. Elizabeth Frantz | Reuters The […]

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Pelosi to visit Taiwan, local media say, despite China warnings
Politics

Pelosi to visit Taiwan, local media say, despite China warnings

Speaker of the US House of Representatives Nancy Pelosi (2nd L) leaves the Shangri-La Hotel after a reception organised by the American Chamber of Commerce in Singapore on August 1, 2022. Roslan Rahman | AFP | Getty Images U.S. House of Representatives Speaker Nancy Pelosi was set to visit Taiwan on Tuesday, Taiwanese media reported […]

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Ukraine’s first grain shipment in months leaves port; Putin says navy will be armed with hypersonic missiles
Politics

Ukraine’s first grain shipment in months leaves port; Putin says navy will be armed with hypersonic missiles

Putin says Russia’s navy will get new hypersonic missiles soon Russian President Vladimir Putin at the Navy Day Parade on July, 31 2022, in St. Petersburg, Russia. Planned Navy Day celebrations in Sevastopol in Russian-annexed Crimea were canceled on Sunday after officials accused Ukraine of carrying out a drone attack on the Black Sea Fleet’s […]

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